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How to Connect to Bitfinex Lightning Node

United States, Texas, Houston
Last update 3 years ago
ID #1290
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Full Node
How to Connect to Bitfinex Lightning Node
United States, Texas, Houston,
Modified 3 years ago

X-Node Details

The most popular cryptocurrency in the world today is, of course, the oldest, Bitcoin.

But the question still remains: Will Bitcoin be able to handle millions of daily transactions as more people adopt the cryptocurrency?

The answer to this question could come in the form of the Lightning Network. The second layer technology for Bitcoin has the ability to increase the amount of transactions in the cryptocurrency per second while keeping the fees miniscule.

The Lightning Network does this by creating a second layer in the Bitcoin blockchain to handle transactions independently without having to record them on the blockchain each time.

In this way, a large number of transactions are offloaded from the Bitcoin block chain, leaving the bandwidth with free spaces.

Instant payment

It only takes a few seconds to settle payments, as the Lightning Network doesn't need to wait for confirmations from the network.

Low cost

Since transaction settlements take place off-chain, the Lightning Network allows for extremely low fees.

Micro payments

Fees are calculated in proportion to the payment amount. Therefore, a small number of transactions would not cause unreasonable financial disadvantage.

How does it work

The Lightning Network is a decentralized system of smart contracts created as a second layer in the Bitcoin blockchain. This enables instant, high-volume, custodian-free micropayments through a network of participants.

Connect to Bitfinex Lightning Node (please check qr code in the main image)

bfx-lnd0 link

033d8656219478701227199cbd6f670335c8d408a92ae88b962c49d4dc0e83e025@34.65.85.39:9735

link bfx-lnd1

03cde60a6323f7122d5178255766e38114b4722ede08f7c9e0c5df9b912cc201d6@34.65.85.39:9745

Node Name: bfx-lnd0

IP Node: 033d8656219478701227199cbd6f670335c8d408a92ae88b962c49d4dc0e83e025@34.65.85.39:9735

Node Public Key: 033d8656219478701227199cbd6f670335c8d408a92ae88b962c49d4dc0e83e025

Node Name: bfx-lnd1

IP Node: 03cde60a6323f7122d5178255766e38114b4722ede08f7c9e0c5df9b912cc201d6@34.65.85.39:9745

Node Public Key: 03cde60a6323f7122d5178255766e38114b4722ede08f7c9e0c5df9b912cc201d6

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    miguel
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    Seller's info

    miguel
    User-Chain-Block

    X-NODE Location

    United States, Texas, Houston
    Houston Texas Mikael 401